Calculate the value of any given currency against your currency of choice to help you assess trading opportunities for your forex trading strategy.
Why use a Currency conversion calculator?
The nature of currencies is to relentlessly fluctuate in value, which makes it almost impossible to accurately gauge the accurate value of a currency against the value of another. Currency conversion calculators are an efficient and accurate way to understand value, and help you identify opportunities for profit or loss.
Select the currency you want to sell
Select the currency you want to buy or convert to
Then click calculate
Market Trading Hours Monday To Friday
Nowy Jork
UTC-5
London
UTC+0
Tokio
UTC+9
Hongkong
UTC+8
Australia
UTC+10
Currency conversion calculator
Currencies are traded in pairs, where one currency is sold or converted to simultaneously buy another currency.
The currency conversion tool calculates the value of one currency against another currency. It is also used in our margin calculator, profit calculator and pip value calculator, whenever the current rate of exchange between currencies is required.
This is how to use the currency conversion tool
Select the currency you want to sell
Select the currency you want to buy or convert to
Then click calculate
Here is an example how currency conversion works
Select the first currency, EUR
Select the second currency, USD
- The first currency is the base currency and the second currency is the quote or counter currency.
- The base currency is always equal to one unit and exchange rates are expressed as a ratio between two currencies.
- So if the current rate of exchange between the EURUSD is 1.2000. This means that one EUR buys $1.2000.
- Exchanging EUR 1,000 would be the equivalent of 1,000 x 1.2000, which would be equal to $1,200.
- Exchange rates change very frequently. The currency conversion tool will calculate the value between the two currencies based on the current rate of exchange.
Artykuły, które naszym zdaniem Ci się spodobają
W oparciu o Twoją wizytę na tej stronie, oto kilka artykułów, które wybraliśmy do dalszej lektury
Janne Muta
Chief Market Analystmarca 13, 2023Another US bank collapsed
Another US bank was taken under regulatory care on Sunday. Emergency measures were announced to soothe the fears depositors have over the safety of the deposits in the SVB and the Signature B...
Janne Muta
Chief Market Analystmarca 10, 2023US nonfarm payroll 311K vs 224K expected!
The NFP came in higher than analysts expected. This, however, wasn’t a surprise to us given the fact that the recent employment-related data have been so strong. Plus, throughout the last yea...
Janne Muta
Chief Market Analystmarca 10, 2023Risk off on bank fears and strong NFP expectation
Equities sold off yesterday as a sharp decrease in deposits in SVB Financial Group caused investors to worry about the banks in general. According to WSJ, the four biggest U.S. banks lost $52...
[missing - riskW]